Loading…

Federal crop insurance harvest prices were set at $4.75 per bushel for corn and $12.63 for soybeans, based on October CME settlements. Both are above their projected prices of $4.62 and $11.09, so revenue guarantees rise.
Higher harvest prices raise insurance guarantees and can encourage farmers to hold or plant more, but they reflect October futures already in the market rather than a new shock.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.